Luxury Pre-owned Cars Annual Market Report – UAE 2022

Luxury cars have always remained popular due to their unmatched aesthetic and performance. These highly sought-after vehicles are a perfect mixture of status, opulence and exclusivity. While the cost of a brand-new luxury car may prompt some people to look away, many find a reasonable balance of budget and features through pre-owned luxury cars.

Speaking of pre-owned luxury cars in the UAE, dubizzle reigns supreme in that segment with numerous listings for top luxury brands like Mercedes-Benz, BMW and Audi. dubizzle Cars has played a key role in establishing trust on online platforms. 300,000 listings and about 11 million leads alone in the year 2022 is a perfect representation of people’s trust in dubizzle. With the presence of over 100 makes and more than 1000 models, buyers can find some of the most sought-after luxury used cars in the UAE. These cars are also available at the dubizzle Cars Hub where the dubizzle team provides assistance at every step, from inspection to registration.

An increase in activities for pre-owned luxury cars on dubizzle in 2022 reflects the growing interest towards luxury used cars in the UAE. While SUVs and sedans have remained people’s preferred choice, you can expect to find several other car body types among the listings. In this luxury pre-owned car annual market report UAE, we will go through the top trends in this segment for the year 2022 and see which luxury vehicles were the hottest picks of the year.

Luxury Pre-Owned Car Market Trends In 2022

The UAE is a global attraction for people around the globe. High-end luxury cars are not an unfamiliar sight in this part of the world.

The UAE’s pre-owned luxury car market saw a rise in 2022. While purchasing new cars can be a lengthy process because of delayed deliveries or logistic issues, authorised pre-owned car sellers such as dubizzle Cars provide an option to get hands on the car relatively quickly – provided all requirements are met. With services like vehicle inspection, finance and insurance services by dubizzle and many more, dubizzle simplified the car buying and selling experience.

The post-pandemic supply chain issues have eased up, but the effects continued to resonate in 2022 to some extent. Moreover, the fluctuating petrol prices in the UAE and around the globe have sparked a higher interest in electric cars. Several luxury makes have introduced their all-electric models, like the Rolls-Royce Spectre and the Ford Mustang Mach-E. According to dubizzle data for 2022, EV demand has seen a significant 5 times increase – reflecting people’s interest towards electric vehicles. Similarly, the supply has also increased with a 2.8% rise in EV listings in 2022. 

All in all, when a luxury car is available in pristine condition at a market-competitive price with complete history and easy payment options, everything else usually goes out of the equation. 

Popular Makes For Pre-Owned Luxury Cars In 2022

Continuing the tradition of sheer dominance, German makes have secured the top places in the used luxury car segment for 2022 as well. Their rank reflects people’s trust in the brand as well as the brand’s focus on adhering to the changing industry dynamics – producing vehicles equipped with the latest technology and top-of-the-line features.

A name synonymous with luxury, Mercedes-Benz has successfully retained its position as the most popular pre-owned luxury brand. Mercedes has continued to produce vehicles with a perfect mixture of luxury and comfort. The ever-popular ‘S-Class’ has reclaimed the title of the most popular model. Noticeably, the used Mercedes-Benz S-Class was also the top pick in 2021. With intelligent body shell design and innovative driver assistance, and safety features, Mercedes is shaping the next generation of vehicular mobility through the S-Class.

Mercedes-Benz hasn’t been the only luxury brand to retain its position. BMW, the leading German luxury make, has successfully held on to its second position as the most popular pre-owned luxury car brand. BMW has excelled and cemented its place in the industry as a name of trust and quality. With unique features like BMW idrive and Connected Drive, the luxury auto brand never ceases to amaze. Moreover, the brand has hopped onto the electric bandwagon by introducing several all-electric SUVs and sedans like the BMW iX and BMW i3.

Lexus, the luxury division of Toyota, has also stood firm as the third most popular luxury used car make. With a wide range of SUVs, crossovers and sedans, Lexus remains steadfast in producing luxury vehicles with advanced features. The tech-savvy infotainment system, adaptive suspension systems and enhanced chassis all account for added luxuries in the new models – making the Lexus 2022 models in the UAE all more intriguing.

Land Rover has followed Lexus as the fourth most popular pre-owned car, while Audi has attained the fifth position among the popular luxury used cars in the UAE. Land Rover, the British automobile brand, continues to maintain its following with its prestigious lineup of off-roading vehicles with added features like Pivi Pro infotainment system and Terrain Response system in the 2022 Range Rover. Whereas, Audi’s new line-up has revived its status as a celebrated brand as it graces the screen with Audis in The Gray Man. Hybrid models such as Q5 and A8 have also garnered attention, further confirming a general shift of interest towards environment-friendly cars.

Another German brand, Porsche, has also made it to the list of popular pre-owned luxury car makes in 2022. Porsche has some of the fastest accelerating production cars, and the high-tech features extend to its entire lineup. Infiniti, a luxury division of Nissan, has debuted the list of popular luxury used cars in the UAE for 2022. Besides being relatively young in the industry, Infiniti continues to make a mark with its spacious luxury SUVs and crossovers. Moreover, the introduction of QX Inspiration, a fully-electric concept car, highlights the brand’s interest in electrifying its luxurious lineup in near future.

GMC and Bentley have also made it to the list of most sought-after used luxury car makes. GMC remains a preferred choice for SUVs and pickup trucks, while Bentley vehicles, with their advanced features, remain a symbol of luxury and comfort. The luxurious, feature-rich sedans and SUVs in the Cadillac lineup have earned it a place among the most popular used luxury car brands in 2022. 

Most Popular Pre-Owned Models For Top Luxury Makes in 2022

For 2022, sedans and SUVs have remained the preferred body types among buyers. As Mercedes has attained the top spot for the most popular make in the pre-owned luxury car market, three of its top models in this segment are. Mercedes S-Class, C-Class and E-Class.

The Mercedes S-Class justifies its top position with state-of-the-art features and strong adherence to driver and passenger safety. For instance, the 2022 model of S-Class equipped with Mercedes-Benz User Experience (MBUX) intends to provide a driving experience with all senses in use – a futuristic feature for any luxury vehicle. In terms of features and performance, the Mercedes C-Class isn’t far behind. Features like an innovative driving assistance system, ambient lighting and a digital driver display make the Mercedes C-Class stand out in the luxury league. The Mercedes E-Class also lives up to the brand’s promise of luxury, comfort and performance. 

LS-Series, LX-Series and ES-Series, were the most sought-after Lexus models in the pre-owned luxury cars segment. The LX-Series, with its powerful features and admirable off-roading capabilities, has remained a top pick among SUVs. On the other hand, the 2021 model of the LS-Series with an acceleration from 0 to 100 km in an astonishing 5 seconds, along with features like Lane Tracing Assist, makes this sedan a preferred choice for luxury car enthusiasts.

BMW has continued to make its presence felt on the list of most popular used luxury car models with the 5-Series, 3-Series, and X5. The 2022 model of the 5-Series midsize luxury sedan with a 2.0L Turbo Inline-4 petrol engine produces 248 horsepower and 350 Nm torque. The 2022 model of 3-Series with rear-wheel drive and a robust engine generates 255 horsepower and about 399 NM torque. The BMW X5, with an all-wheel drive system and a comfortable space for five, remains one of the most famous mid-size luxury crossovers in the used cars segment.

With unmatched off-roading capabilities, Land Rover vehicles are a top pick for people who wish to explore different terrains. Range Rover, Range Rover Sport and Land Rover Defender were the most popular models of the luxury brand. With a focus towards environmental sustainability, the Range Rover 2022 was introduced as a hybrid. The superlative off-road abilities and environment-friendly features make off-roading a breeze with Land Rover vehicles.

Q7, A6 and A8 were the most popular vehicles from Audi. Audi Quattro all-wheel-drive system is standard in almost all Audi modern models. With other advanced features, such as an Acoustic Front Windshield, Audi vehicles maintained its popularity in 2022. 

Pre-Owned Luxury Car Models By Body Type

Top luxury car brands with strong adherence to quality and modern safety features have continued to retain and extend their customer base. Additionally, the brands’ focus towards introducing vehicles with a glimpse of the next generation of transportation further cements their place as a trusted and foresighted brand. Let’s now go through the average prices for the top pre-owned SUV models (2018 to 2022) in the year 2022.

Most Popular Pre-Owned Luxury SUVs With Average Price In 2022

The list of popular used luxury SUVs in the UAE shows the shifting dynamics of the pre-owned used car market in the country. The list also includes some brands like Toyota and Nissan that dominated this segment with their ever-popular luxury SUVs. 

Nissan Patrol has topped the list of the most popular used luxury SUVs in the UAE, with an average price range of AED 145,200 to AED 274,900 for 2018 to 2022 models in the year 2022. Available in different trim levels, the SUV is an ideal choice for off-roading and desert driving. The 2022 model of the powerful SUV comes with luxury features such as a smart rearview mirror, leather seats and a 12.3-inch HD display screen. Furthermore, the Nismo comes with NISMO Dual Tone Alcantara Sporty Seats, 22” Machine Cut Alloy Wheels and Takumi Tuned Engine that generates 428 bhp.

Toyota Land Cruiser holds landmark value in the brand’s prestigious lineup. The iconic vehicle has taken the second spot on the list with an average price range of AED 203,300 to AED 349,900 for the 2018 to 2022 models in the year 2022. The average price of a used 2019 was slightly higher than that of the used 2020 model due to the change in shape that made the former more popular. The gigantic 2022 model comes with a four-wheel drive system and seats 7 people. The 3.3-litre twin-turbo V6 engine delivers 409 horsepower and 649 NM torque – giving the upper large SUV superiority over different turfs.

Land Rover Range Rover’s inclusion in the list of most popular SUVs makes perfect sense – given the brand’s history of producing luxury off-roading vehicles. In 2022, used Range Rover had an average price range of AED 330,700 to AED 931,600 for 2018 to 2022 models. The 2022 model, a mild hybrid, comes with 8-speed shiftable automatic transmission and a four-wheel drive system. The SUV also has a towing capacity of about 3500 kilograms. Not far behind Range Rover is the Mercedes-Benz G-Class. The luxury SUV continues to cash on its popularity with advanced features in its 2022 model, like standard forward-collision warning, automated emergency braking and standard lane-departure warning. Used Mercedes-Benz G-Class was priced between AED 467,300 to AED 1,104,900 for its 2018 to 2022 models in 2022.

Range Rover Sport has become the second Land Rover to make it to the list of most popular used luxury SUVs. Standing firmly at the fifth position, the 2022 model of the Range Rover Sport is also available as a hybrid – marking a new era for luxury SUVs. The Range Rover Sport’s average price ranged from AED 302,900 and AED 576,600 for its 2018 to 2022 models. Next on the list is Porsche Cayenne; with a seating capacity of 5 and an all-wheel-drive system in the 2022 model, the luxury SUV remains an icon in this league. The average price for Porsche Cayenne ranged from AED 289,600 to AED 566,400 for its 2018 to 2022 models.

With the average price for its 2018 to 2022 models ranging from AED 129,400 to AED 212,700, Jeep Grand Cherokee has secured its place among the most popular pre-owned luxury SUVs in 2022. The V6-powered 2022 model boasts an 8-speed shiftable automatic transmission and an impressive towing capacity of about 2812 kilograms. Lexus LX-Series and Lexus RX-Series have also helped the brand hold two spots on the list. In 2022, The LX-Series and RX Series had an average price of AED 303,800 to AED 709,500 and AED 150,300 to AED 252,000, respectively for model years 2018 to 2022.

Most Popular Pre-Owned Luxury Sedans With Average Price In 2022

Mercedes-Benz S-Class has attained the top position in the list of most popular used luxury sedans in the UAE. With an average price ranging from AED 291,400 to AED 803,100 for the 2018 and 2022 models, it has been one of the most sought-after and popular used Mercedes sedans. The 2022 model has further received upgrades with an E-Active Body Control suspension system and MBUX Interior Assist, among other features.

Mercedes dominates the luxury sedans list, with two more models securing the second and third spots on the list in 2022. The Mercedes-Benz C-Class had an average price range from AED 117,400 to AED 270,400. One of the great features of the 2022 model is the rear wheels’ ability to turn 10 degrees in the opposite direction at low speeds – providing better driveability. On the other hand, the E-Class had an average price of AED 188,800 to AED 327,100 for the model years 2018 to 2022.

Another major luxury brand BMW has secured three positions on the list. BMW 5-Series, 7-Series and 3-Series attained the fifth, sixth and eighth spots, respectively. The 2022 model of the 5-Series is also available with a V8 engine capable of producing an impressive 627 horsepower. The comfy seats, airy cabins and easy-to-use infotainment system make the luxury sedan more intriguing. In 2022, BMW 5-Series had an average price range from AED 161,800 to AED 284,500 for its 2018 and 2022 models.

Lexus has also made its presence felt in the most popular used luxury sedans segment, with three of its models making it to the list. The LS-Series of the Japanese manufacturer had an average price range of AED 252,900 to AED 325,000 for the model years between 2018 to 2022. The 2022 model comes with features like an acoustic front windshield and moving object detection system. While the LS-Series occupies the fourth spot, the other two models, ES-Series and IS-Series, have ranked seventh and ninth in terms of popularity in 2022. The ES-Series, for the model years between 2018 and 2022, had an average price range of AED 106,300 to AED 222,200. The IS-Series is not far behind as the 2022 model comes with a power rear window sunshade and is powered by a mighty 5.0-litre V8 engine. The IS-Series was priced between AED 89,200 to AED 206,000 for the model years between 2018 to 2022. 

The 5-Series remained the top BMW model, but the 7-Series and 3-Series aren’t far behind. The average price range of the used BMW 7-Series in 2022 was AED 210,000 to AED 419,400 for model years 2018 to 2022. With an Intercooled Turbo Premium Unleaded I-6, 3.0-litre engine, and a seating capacity of 5, the 2022 model of the 5-Series remains a top pick among the BMW sedans. The 3-Series isn’t far behind in terms of performance and specs. The average price in 2022 ranged from AED 86,600 to AED 224,100 for 2018 and 2022 models.

Mercedes-Benz CLA has also garnered attention from pre-owned luxury car buyers. In 2022, the average price for used Mercedes CLAs ranged from AED 89,800 to AED 250,700 for its 2018 to 2022 models.

The Next Era for the Used Car Industry in the UAE – dubizzle Cars

dubizzle, over the course of its 17-year run has introduced exemplary services unlike any other platform. With facilities like the Hub, selling or buying a used car in the UAE is safe and hassle-free.

Some notable services include dubizzle Cars inspection services, auto insurance services, dubizzle Cars value-added services, and car financing. Moreover, increasing the managed criteria from 10 years old to 17 years old portray the brand’s aim to accommodate more buyers and sellers.

Concluding Remarks

The used car market in the UAE remains one of the fastest-growing sectors in the UAE. Delayed deliveries of new cars, market-competitive prices of pre-owned vehicles, a large inventory and the ease of buying cars through dubizzle are some of the factors that contributed to the growth of the pre-owned luxury car market in the Emirates.

Besides, pre-owned luxury vehicles in pristine condition are still a bargain at any price. That said, let’s go through some useful insights and interesting facts as we head towards the end of our UAE luxury used car annual market report 2022.

• German brands have continued their domination, with Mercedes-Benz and BMW successfully retaining their positions as the top 2 makes.
• Mercedes-Benz has remained people’s first choice in the pre-owned luxury sedans segment, with three of its models S-Class, C-Class and E-Class, occupying the first three spots in the list
• Nissan Patrol, Toyota Land Cruiser and Land Rover Range Rover were people’s preferred choices for pre-owned luxury SUVs
• Infiniti made it to the list of most popular makes – indicating the brand’s growing fanbase in the UAE
• Two Porsche sports cars Carrera 911 and Panamera have remained in the list of most popular pre-owned models for top luxury makes in 2022.

Haider Ali Khan, the CEO of Bayut & dubizzle and the Head of EMPG MENA shared his views on the UAE’s pre-owned car market in 2022 and said:

“Being pioneers and leaders in UAE’s pre-owned car market, our team at dubizzle Cars was able to successfully anticipate the higher demand this year, helping us to launch a lot of timely initiatives to cater to the higher influx of buyers and sellers. With the introduction of auctions, a specialized lead management platform, and digitized sign-ups, we’ve been able to bring in a lot of technological advancements for our clients. 

One of the milestones we are incredibly proud of was the launch of  ‘The dubizzle Cars hub’, our on-field facility where our team provides professional assistance and exclusive services like on-the-spot inspection, high-resolution car photography and auto insurance. We are also looking at other ways to make the car registration process easier for our consumers and will be sharing some updates with everyone fairly soon.

dubizzle Cars already enjoys the market leader status for car buying and selling, but our ongoing commitment includes our strategy to keep on improving the interaction between buyers, sellers, and dealers to make it as smooth as possible.

2022 has been another year of growth for the pre-owned cars sector in the UAE, and we don’t see this trend slowing down anytime soon!”

Disclaimer: The above report is based on data from listings advertised on dubizzle and is not representative of actual car transactions in the UAE. The average prices (AED) are for pre-owned models manufactured from 2018 to 2022.